MichaelB wrote:Now that Saxo has stepped in (with SunGard) to help out Riis, who are the other PT teams that are under threat of closing for the 2011 season.

From my understanding, the others are Caisse and Milram, as the sponsors are not renewing and they haven't announced anything yet ?

Any others ?

Looks like Caisse d'Epargne have announced a new sponsor for next year. Not sure it will be enough though to retain LL Sanchez - I reckon he might still end up at Rabo regardless...

Thanks to cyclingnews.com...

After months of speculation the Caisse d'Epargne team have announced that communications giant Telefonica will sponsor the team from next season. The Spanish squad will compete under the name of Team Movistar as of January 1, 2011. The teamâ€™s budget and the duration of the contract with Telefonica have yet to be made public.

The safety of a new sponsor would now suggest that Sanchez, along with a large contingent of Spanish riders, will remain with the team for at least another year.

Team directeur, Neil Stephens, himself strongly linked with a move away from the team, said that he was pleased a sponsor could be secured, but was unaware of both team budget and the length of the sponsor involvement.

â€œThe news isnâ€™t a complete surprise as there have been rumours here and there in the press. I knew that we were on the verge of signing and that there were just a few details. Itâ€™s great for the future,â€ Stephens said.

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